Stock Analysis, Dividends, Split History

TRCH / Torchlight Energy Resources, Inc. financial ratios include Market Cap, Enterprise Value, Book Value, Quick Ratio, Current Ratio, NCAV, EBITDA, Profit Margin, Operating Margin, Return on Invested Capital (ROIC), Return on Assets (ROA), Return on Equity (ROE), Piotroski F-Score, Altman Z-Score, Beneish M Score and Kaplan-Zingales KZ-Index.

Valuation Metrics
Price1.02
Volume253,200.00
Market Cap ($M)66.56
Enterprise Value ($M)63.42
Book Value ($M)20.16
Book Value / Share0.29
Price / Book3.30
NCAV ($M)-12.57
NCAV / Share-0.18
Price / NCAV-5.30
Share Statistics
Common Shares Outstanding 63,640,034
Preferred Stock Shares Outstanding 0
Common Stock Shares Outstanding 63,340,034
Scoring Models
Piotroski F-Score3.00
Altman Z ScoreN/A
Beneish M ScoreN/A
Management Effectiveness (mra)
Return on Invested Capital (ROIC)-0.05
Return on Assets (ROA)-0.07
Return on Equity (ROE)-0.13
Balance Sheet (mrq) ($M)
Assets36.39
Liabilities16.23
Quick Ration/a
Current Ratio2.27
Income Statement (mra) ($M)
Oil And Gas Revenue570,499.00
Production Revenue Receivable142,932.00
Other Sales Revenue Net0.00
Revenues0.00
Net Income-0.92
Earnings Per Share Basic And Diluted-0.02
Cash Flow Statement (mra) ($M)
Cash From Operations0.47
Cash from Investing-9.46
Cash from Financing-9.46
Identifiers and Descriptors
CUSIP89102U103
Central Index Key (CIK)1431959

Split History

Stock splits are used by Torchlight Energy Resources, Inc. to keep share prices within reasonable numbers to encourage investment. If the share price of a security gets too high, a company can perform a stock split by issuing all shareholders an extra share, thereby halving the price of an individual share. If the share price gets too low, companies can do reverse splits. This is common when share prices drop below $1.00 and company's become in danger of being delisted. However, because of the cost, stock splits are not a normal business occurrence.

Coming soon

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Related News Stories

[Opinion] Oil & Gas Firm Makes Progress at Its Orogrande Basin Project

2018-08-23 oilvoice
In an Aug. 16 research note, analyst John White with ROTH Capital Partners reported that Torchlight Energy Resources Inc. (TRCH:NASDAQ) gave a "positive" operational update on its Orogrande asset, whose large land package it is developing. "We are encouraged that Torchlight sees further potential and plans additional wells this year and into 2019," he wrote.

Torchlight Energy Confirms What Rich Masterson Always Knew, There's Gold In The Orogrande!

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Torchlight has successfully confirmed the presence of a petroleum system in the Orogrande basin of West Texas. (3-0)

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Bob Moriarty of 321 Energy takes a look at what positive drill results in the Orogrande Basin in West Texas mean for the company.

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A small-cap oil and gas explorer is the first to pull significant hydrocarbons out of the Orogrande Basin in Texas, opening up a new field discovery.

CUSIP: 89102U103